Budget Cut Warnings May Prove Harsher Than Reality

Get ready for two weeks of intensifying warnings about how crucial, popular government services are about to wither. Many of the threats could come true. President Barack Obama and congressional Republicans made no progress this past week in heading off $85 billion in budget-wide cuts that automatically start taking effect March 1. Lacking a bipartisan deal to avoid them and hoping to heap blame and pressure on GOP lawmakers, the administration is offering vivid details about the...Full Story
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